Notice to Real Estate Customers
You may notice a $4.00 adjustment on your Real Estate loan. The state of Virginia increased their recording fees by $4.00 effective July 1, 2020 and, in accordance with your loan agreement, the Bank must collect this fee to release any Deed of Trust. As a result, the Bank also updated the release fee account for internal accounting purposes. Call your loan officer, nearest branch or our loan department with any questions or concerns.
Applications are available at any of our branches, and you may contact our Human Resource Officer at (434)352-7171 or toll-free at 877-405-7797 with any questions.
The Farmers Bank is an Equal Opportunity Employer.
Identity Theft Assistance
If you believe that you have been the victim of identity theft:
- Contact one of our bank officials immediately at 434-352-7171
- Contact the fraud departments of each of the three major credit bureaus:
- Equifax 1-800-525-6285
- Experian 1-888-397-3742
- TransUnion 1-800-680-7289
- File a police report with your local police agency and retain a copy of all documents.
FDIC Deposit Insurance
Established by the Banking Act of 1933, the Federal Deposit Insurance Corporation exists to guarantee the safety of your money. You can be confident that money deposited at Farmers Bank falls under this protection, backed by the credit of the United States government. Since the inception of the FDIC, no depositor has ever lost funds as a result of the failure of an FDIC-insured institution.
The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
For more information, visit the FDIC's page on Deposit Insurance
Federal Reserve Bank
Virginia Bankers Association
Virginia Association of Community Banks
Independent Community Bankers Association
Chambers of Commerce: Appomattox, Buckingham & Farmville